08/07/2021 – The extension of the Superbonus for condominiums, natural persons owning multi-family buildings up to 4 real estate units and public housing is law. After publication in the Official Gazette, the Law 101/2021 on the complementary fund to the PNRR.
However, the methods with which to take advantage of the Superbonus may change.
Superbonus, the extensions in force
The law on the Complementary Fund to the PNRR has introduced differentiated extensions based on the subjects who bear the costs and the buildings on which the interventions are carried out.
December 31, 2022 regardless of the share of works carried out.
Buildings with up to 4 real estate units with a single owner
June 30, 2022
31 December 2022 if by 30 June 2022 more than 60% of the works have been completed.
Buildings owned by the former IACP
June 30, 2023
31 December 3023 if by 30 June 2023 more than 60% of the works have been completed.
Single family buildings
The deadline remains on December 31, 2021.
Superbonus, the unknown discount on the invoice and credit transfer
The law on the Complementary Fund to the PNRR has extended some deadlines for the facilities provided for by article 119 of the Relaunch Decree (DL 34/2021).
The law, on the other hand, does not mention article 121 of the Relaunch Decree, which regulates the possibility of opting for discount on invoice or by the credit assignment corresponding to the deduction.
Without an intervention also on article 121, it will be possible to choose the discount on the invoice or the assignment of the credit only for the expenses incurred by 31 December 2021. The expenses incurred subsequently will continue to be facilitated, but only with the personal income tax deduction.
It seems that the legislator has adopted a prudent attitude since investigations are underway on the economic-financial impact produced by the discount on the invoice and the assignment of the credit. L’Eurostat, called to comment on the matter last June, stated that the current rules do not provide precise criteria to clearly establish the impact of the measure and that further investigation is needed.
Certainly, without the discount on the invoice and the transfer of credit, the Superbonus would lose much of its attractiveness. In any case, a definitive solution could come from Eurostat’s opinion or from the resources that the Government will decide to allocate in the next budget law.